Business environment research paper

BUSINESS

ENVIRONMENT IS THE SUM TOTAL OF ALL EXTERNAL AND INTERNAL FACTORS

THAT INFLUENCE A BUSINESS .

YOU

SHOULD KEEP IN MIND THAT EXTERNAL FACTORS AND

INTERNAL FACTORS CAN INFLUENCE EACH OTHER AND WORK TOGETHER TO AFFECT A
BUSINESS .

FOR

EXAMPLE , A HEALTH AND SAFETY REGULATION IS AN EXTERNAL FACTOR

THAT INFLUENCES THE INTERNAL ENVIRONMENT OF BUSINESS OPERATIONS .

THE

FOLLOWING PARAGRAPHS WILL BE ON ECONOMIC AND LEGAL ENVIRONMENT AND

TECHNOLOGICAL ENVIRONMENT OF CANADA AND USA .

FIRST

NATIONS IN CANADA IS AN EDUCATIONAL RESOURCE DESIGNED FOR USE BY YOUNG

CANADIANS ; HIGH SCHOOL EDUCATORS AND STUDENTS ; ABORIGINAL COMMUNITIES ; AND

ANYONE INTERESTED IN FIRST NATIONS HISTORY . I TS AIM IS TO HELP READERS
UNDERSTAND THE SIGNIFICANT DEVELOPMENTS AFFECTING FIRST NATIONS COMMUNITIES
FROM THE PRE -CONTACT ERA (BEFORE THE ARRIVAL OF EUROPEANS ) UP TO THE PRESENT
DAY .THE FIRST PART OF THIS TEXT

"EARLY

FIRST NATIONS "

PRESENTS A BRIEF

OVERVIEW OF THE DISTINCTIVE CULTURES OF THE SIX MAIN GEOGRAPHIC GROUPS OF

EARLY FIRST NATIONS IN CANADA .

THIS

SECTION LOOKS AT THE PRINCIPAL DIFFERENCES

IN THE SIX GROUPS ' RESPECTIVE SOCIAL ORGANIZATION , FOOD RESOURCES , HOMES ,
MODES OF TRANSPORTATION , CLOTHING , AND SPIRITUAL BELIEFS AND CEREMONIES .

THE

LEGAL/POLITICAL ASPECT IS VERY IMPORTANT IN GLOBAL MARKETING .

"INTERNATIONAL

LAW " CAN BE DEFINED AS RULES AND PRINCIPLES THAT STATES AND

NATIONS CONSIDER BINDING UPON THEMSELVES .

THIS

RAISES TWO INTERESTING

CHARACTERISTICS OF INTERNATIONAL LAW .

THE

FIRST IS THAT

"LAW"

BELONGS TO

INDIVIDUAL NATIONS AND INTERNATIONAL LAW ONLY EXISTS TO THE DEGREE THAT
INDIVIDUAL NATIONS ARE WILLING TO RELINQUISH THEIR RIGHTS .

THE

SECOND IS THE

LACK OF AN ADEQUATE INTERNATIONAL JUDICIAL AND ADMINISTRATIVE FRAMEWORK OR A

BODY OF LAW WHICH WOULD FORM THE BASIS OF A TRULY COMPREHENSIVE
INTERNATIONAL LEGAL SYSTEM .THE INTERNATIONAL BUSINESS IS ALSO SUBJECT TO
POLITICAL DECREES MADE BY GOVERNMENTS BOTH IN

"HOME "

AND

"HOST"

COUNTRIES.

HOME

GOVERNMENTS CAN APPLY PRESSURE NOT TO DEAL WITH DISAPPROVED PARTIES .

THESE

MEASURES MAY TAKE THE REFUSAL TO GRANT AN EXPORT LICENCE , OR

WITHDRAWAL OF EXPORT GUARANTEE COVER.

THE

HOST GOVERNMENT MAY TAKE

MEASURES LIKE TAXATION, OWNERSHIP CONTROLS , OPERATING RESTRICTIONS OR

EXPROPRIATION .

IN

MY OPINION AS YOU MAY HAVE GUESSED BY NOW, THE RULE OF LAW IS IMPORTANT TO

BUSINESS .

CAN

YOU IMAGINE TRYING TO DO BUSINESS WITHOUT BEING ABLE TO HAVE

ANY REASONABLE EXPECTATIONS OF OTHER PEOPLE S BEHAVIOR ?

WOULD

YOU BE

WILLING TO CONDUCT BUSINESS IF YOU HAD NO LEGAL MEANS BY WHICH TO PROTECT

YOUR PROPERTY INTERESTS ?

AND

IN THE CASE OF A DISPUTE , WITHOUT A RULE OF LAW

SYSTEM , THERE WOULD BE NO ESTABLISHED WAY OF RESOLVING IT.

OF LAW , BUSINESS WOULD BE CHAOTIC .

THIS

WITHOUT

THE RULE

SECTION PROVIDES SOME OVERARCHING

EXAMPLES OF WHY TECONOMIC ENVIRONMENT INFLUENCES THE BUSINESS TO A GREAT

EXTENT . I T REFERS TO ALL THOSE ECONOMIC FACTORS WHICH AFFECT THE FUNCTIONING
OF A BUSINESS UNIT.

DEPENDENCE

OF BUSINESS ON ECONOMIC ENVIRONMENT IS TOTAL

 I.E. FOR

INPUT AND ALSO TO SELL THE FINISHED GOODS.

TRAINED

ECONOMISTS

SUPPLYING THE MACRO ECONOMIC FORECAST AND RESEARCH ARE FOUND IN MAJOR
COMPANIES IN MANUFACTURING , COMMERCE AND FINANCE WHICH PROVE THE
IMPORTANCE OF ECONOMIC ENVIRONMENT IN BUSINESS .

THE

FOLLOWING FACTORS

CONSTITUTE ECONOMIC ENVIRONMENT OF BUSINESS. IN EGYPT GOVERNMENT OF EGYPT

RECENT EFFORTS TO IMPROVE THE LEGAL AND BUSINESS ENVIRONMENT HAD LED TO A
SLIGHT REBOUND IN INVESTORS AND MARKETS SENTIMENT AFTER

YEAR OF NOTABLE

SETBACK AS REFLECTED IN THE SUSTAINED DECLINE IN DOMESTIC INVESTMENT RATIOS

ALONG WITH LOWER FDI INFLOWS THAT REACHED ONLY

2013. LATEST

1%

OF GDP DURING

2011-

GOVERNMENT DECISIONS AND ATTEMPTS CONFORM WITH A NUMBER OF

GOOD PRACTICES INCLUDING ; AN ACTIVE OUTREACH AND CONSULTATION WITH THE

PRIVATE SECTOR WHILE ACKNOWLEDGING EXISTENCE OF INVESTMENT HURDLES, AN
ATTEMPT TO WIDEN SCOPE AND BREADTH OF THE REFORM AGENDA TO INCLUDE SOME OF
THE TOUGHEST ISSUES AND PRIORITY CONSTRAINTS SUCH AS INDUSTRIAL LICENSE ,
ACCESS TO LAND, AND IMPROVING CONTRACT ENFORCEMENTS , AND A BALANCED
APPROACH THAT FOCUS ON RESOLVING CURRENT DISPUTES AND PRIORITIES (SHORT TERM) WHILE ALSO WORKING ON REFORMING THE OVERALL LEGAL ENVIRONMENT ( SHORT
TO MEDIUM -TERM).

FURTHER,

THE INVESTMENT CLIMATE HAS ALSO BENEFITED FROM A

NUMBER OF KEY DEVELOPMENTS INCLUDING PROGRESSING POLITICAL ROAD MAP WITH

ONE KEY MILESTONE IN THE PIPELINE ( PARLIAMENTARY ELECTIONS) AND IMPROVED
POWER SUPPLIES .

THIS

LED TO IMPROVED INVESTOR S SENTIMENT AS REFLECTED IN PICK

UP IN PRIVATE SECTOR INVESTMENTS BY

SEPTEMBER

2014

37% ( YEAR

AS WELL AS FDI INFLOWS BY

OVER YEAR ) DURING JULY -

140%

DURING THE SAME QUARTER , A

DECLINE IN DOMESTIC INTEREST RATES BY

2013

400

BASIS POINTS COMPARED TO PRE JUNE

LEVELS , AND UNIFORM UPGRADING OF EGYPT S RATING AND OUTLOOK BY ALL

RATING AGENCIES .

Works Cited:
1) Mesirah, Dino. External Business Environments. Business Newspaper,
28 Nov. 2011. Web. 5 Sep 2015.
2) Felluga, Mikhael. Different Environments of Business. Economics
Journal, 2 Jan. 2013. Web. 5 Sep 2015.